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Cummins Inc. Regional Real Estate Leader EMEA in Stockton on Tees, United Kingdom

Regional Real Estate Leader EMEA


Regional Real Estate Leader – EMEA

Salary: £57,000 - £65,000 Compensation & Benefits

Closing date: 27 th September

Cummins is a place big enough to coach and develop a global workforce and create the world’s leading clean, engine technology. We’re also small enough for you to find your fit and personal passion with a team of dependable, innovative thinkers who are developing their careers within a diverse, inclusive, empowering environment.

Learn more about this role and how you can begin Working Right .

Our Corporate Business Unit delivers reliable, durable, high performing products to our global partners. Working in an innovative space, you’ll develop high tech solutions that will fuel your advanced career skill set and empower you to own your career. Our integrated businesses demand the talents and creativity of individuals with a wide range of skills and experience.

This is an exciting opportunity in Darlington for a Regional Real Estate Leader to cover EMEA. This position will lead real estate projects in EMEA including: property acquisitions, dispositions, lease renewals, site selection, strategy review and new building start-up, and other facility-related projects. This activity can include: needs assessment, negotiation of property rent/price and contractual terms, due diligence and transaction management. This work is done in partnership with the business unit customers and other external partners.

Your impact will be seen in these and other ways:

  • Working as part of the global integration services group

  • Provides input into development of long-term real estate strategies and ensure that short term occupancy risk is effectively managed.

  • Manages the lease versus purchase analysis for real estate within the region aligned with the corporate strategy.

  • Participates in and contributes to regular real estate portfolio reviews; provides input on properties occupied; manages transitions from one property to another and oversees real estate portfolio data and reporting.

  • Ensure deals negotiated reflect market level transactions.

  • Develops and maintains a strong understanding of the legal and regulatory environments around real estate in Cummins’ locations

  • Ensuring compliance with all applicable real estate laws and regulations.

  • Negotiates purchase prices and contract terms; negotiates lease terms and conditions for renewals and new leases;

  • Manages Property taxes, rent reviews and exit strategies, including lease end and early exits.

  • Ensure necessary reviews and approvals are obtained prior to execution of legal agreements.

  • Work closely with NGKF Account Manager to ensure appointment of best in class resources and ensures the performance of Cummins’ real estate broker meets expectations.

  • Support the real estate tasks within the New Business start-up process, such as site selection.

  • Travelling to sites across EMEA


Skills and Experience Required:

  • Proven real estate or facilities or operational management experience

  • Proven ability working closely with legal, external partner, brokers, landlords, regional counterparts,

  • Strong communication and negotiation skills with external stakeholders

  • Developed and implements the real-estate master plan; manages real-estate transactions and assets; determines and evaluates real-estate requirements; acquires and disposes of real estate

  • Proven ability to read and mark up legal contracts and leases

  • Project experience would be beneficial but not essential

  • Negotiation with internal and external stakeholders

  • Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems

Required Education, Licenses or Certifications

  • RICS accredited would be advantageous but not essential

  • Six Sigma would be advantageous but not essential

Compensation and Benefits

  • Variable bonus

  • Company car

  • BUPA

  • Healthshield

  • Rewards scheme

At Cummins, we are dedicated to diversity in the workplace and we are committed to a policy of treating all our employees and job applicants equally. No employee or potential employee will receive less favourable treatment because of any protected characteristic.

Ready to think beyond your desk? Apply for this opportunity to start your career with Cummins

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Primary Location United Kingdom-England-Stockton-on-Tees-UK, Stockton on Tees, Cummins Business Services

Job Type Experienced - Exempt / Office

Recruitment Job Type Exempt - Experienced

Job Posting Aug 28, 2019, 8:57:05 AM

Unposting Date Sep 27, 2019, 5:59:00 PM

Req ID: 190002LY